James L. Murdock

//James L. Murdock
James L. Murdock2018-07-17T10:34:53+00:00

Jim Murdock is  an experienced higher  education  administrator  with substantial financial acumen gained over 40 years of diversified   management positions in central administration  and academic units.  He has served multiple terms as a Board Member and Treasurer for the Society for College and University Planning, and was the 2004 recipient of SCUP’s Distinguished Service Award.   He retired from the Ross Business School of the University of Michigan  in 2010, but has continued work in educational organizations since then including two assignments as an Interim CFO.

Murdock  is  currently  on  a two year  assignment  with  the  Registry  of Peabody, Massachusetts  as the Interim Vice President for Finance and Administration of Marygrove College in Detroit, Michigan.  In that role he is the chief financial and administrative officer for the campus supervising the units  of  finance,  business operations, budget,   human   resources,   facilities   management and public safety, and information technology.  Murdock has been an integral collaborative participant in an institutional transition that had to terminate the undergraduate programs of the institution and manage a downsizing of both faculty and staff.  The resulting organization has enhanced financial stability and a balanced budget. He worked closely with a national foundation to obtain crtical operational funding to sustain the college until its reorganization was accomplished.

In addition to his operations experience and skills as a financial planner and administrative manager, Murdock has led capital  planning  projects  resulting  in  the  construction  of  a  classroom-laboratory   building  and  parking structure  for  the  University  of  Michigan-Flint  campus  and  Sam  Wyly  Hall,  an  office/classroom/hotel facility  for the UM Business  School.   He participated  in the design,  financing,  and construction  of the $145M classroom/administrative/faculty building of the Ross School of Business.   As the chief budget officer for the Business School for 25 years, he was  responsible  for  the  budget  planning  and  stewardship  of  $130M  in  operating  funds  and  $35M  of endowment assets.

Murdock is a collaborative financial manager who was a key participant in the design and transition of the UM budget system  from a traditional incremental model to a responsibility  centered  management  process  in the early  90s. He also chaired  a university-wide Human Relations task force that initiated a restructuring of the UM staff classification and compensation system.  He led the start-up operations  of the William Davidson Institute, an independent 501c-3 organization focused on actionable business and public policy initiatives in emerging market economies.

Early in his career, Murdock  participated  in a consulting  project with the Phelps-Stokes  Foundation  that visited  several  of  the  historically  black  colleges  to  perform  a  management  inventory  for  institutional assessment  and  administration  improvement  projects.    His  knowledge  of  federal  student  financial  aid programs led to consulting engagements leading to the growth and development of the campuses of InterAmerican University of Puerto Rico.

Murdock received his BA in economics from Muskingum University and his MBA in accounting from the Wharton Graduate School of the University of Pennsylvania.   He completed all of the doctoral coursework at the Center for the Study of Higher and Postsecondary Education at the University of Michigan.   He has taught introduction to accounting courses for several institutions, and has a reputation for making complex financial matters understandable by non-financial colleagues.

Jim and his wife Lori live in Brighton, Michigan and are the proud parents of five college graduates.   It is rumored that all were required to learn the words of the Victors before attending kindergarten.